Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Electro Optic Systems Holdings Limited ( (AU:EOS) ) has shared an update.
Electro Optic Systems Holdings Limited has secured a US$21 million order for its R400 Remote Weapon System from a North American customer for integration on Light Armoured Vehicles destined for an end user in South America, with production to take place at its Canberra facility during 2026 and 2027 and including integration kits, storage and related services. Together with several major contracts won in 2025 across remote weapon systems, counter-drone systems, high energy laser weapons and space capabilities in Western Europe, Australia and South Korea, the company has lifted its unconditional contract backlog to more than A$400 million from A$136 million at the end of 2024, positioning it for substantial revenue conversion in 2026–27 while it continues to pursue a broader pipeline of defence sales opportunities.
The most recent analyst rating on (AU:EOS) stock is a Buy with a A$11.18 price target. To see the full list of analyst forecasts on Electro Optic Systems Holdings Limited stock, see the AU:EOS Stock Forecast page.
More about Electro Optic Systems Holdings Limited
Electro Optic Systems Holdings Limited is an Australian defence technology company that designs and manufactures remote weapon systems, counter-drone solutions, high-energy laser weapons and space capabilities. Its products are supplied globally to military and defence customers, with a growing presence in land systems and advanced weapon technologies for markets including North America, Western Europe, Australia and Asia.
Average Trading Volume: 4,294,338
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.45B
See more insights into EOS stock on TipRanks’ Stock Analysis page.